Budget 2009: India writes to Finance Minister
Open more investment options to get the black..
Topic owner: James Karl: Allow one to invest excess money in schools, hospitasl, community services and in mutual funds by government-owned and -controlled such as the LIC, the SBI and any postal service bonds. Any such investment source should not be questioned if it is locked for three or more years. The interest/bonus/profit should be taxed !
Report Abuse
Prashanth Kumar
Allow a scheme to encourage investment in education & health sector for rich politicians, movie stars, sportsman in their constituencies & all investments tax deferred upon investment. Only for the profit these organisations should be charged taxes by central cum state govts after say 2 yrs. This will promote better schools & hospitals in indian suburban & rural areas.
Reply
| Report Abuse
Kishore Kant
A ready investor should be allowed to invest without any limitations and inface govt should open more avenues for these investors to pool in money and help in revival of bankrupt or credit crunch companies
Reply
| Report Abuse
Kiran Chawla
The US- and UK-based NRIs should be allowed to invest in the Indian stock market, directly or through mutual funds. There are several young Indians working abroad for several years who were not able to invest and join the market. This step will boost the market and the economy.
Reply
| Report Abuse
